Web Exclusive: Can the Nifty hit 6,100 by December-end?

The 50-share index is within striking distance of the 6,000 mark. Can the momentum sustain, and which stocks should you buy at the current levels? Check out the trading strategies with Shshank Mehta, derivatives strategist, Shah Investor's Home.


Smartinvestor : How should one play the banking and the NBFC pack given the newsflow? Do you like anything in these spaces for a long / short position?

Shshank Mehta : We believe that rally in Banking pack is overdone it will be prudent to book profits at every available opportunity. Our emerges from the observation the Calls writers at near-the-money strike in BankNifty and front-line banking counters

Smartinvestor : The Nifty has opened above 5,900 levels today. Do you think it can move up further to 6,100 levels by December-end? What are the key levels that you are keeping a tab on?


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